STT Global Data Centres India Pvt. is reportedly considering an initial public offering in Mumbai that could raise up to $500 million, according to people familiar with the matter cited by Bloomberg and corroborated by TNW. TNW reports that the company, which is Singapore-controlled and has a minority stake held by Tata, is lining up investment banks and has invited them to pitch for the deal this month. The proposed listing is described as part of India’s early wave of data-centre focused IPOs, with TNW noting it could come ahead of other planned offerings by firms such as Sify and Yotta. The reports frame the potential IPO as driven by rising investor demand for digital infrastructure, including data-centre capacity. Neither source provides additional details on timing beyond the current preparation stage, or on how proceeds would be used. No regulatory filings, final offer size, or deal terms are mentioned in the available coverage.